0.0 00 The euro currency has broken above the falling wedge channel formation against the British pound. The headline EUR/GBP currency exchange rate is consolidating gains around 0.86 ahead of the European Central Bank monetary policy …
Read More »Australian Dollar Recovers back above 0.73
0.0 00 The Australian dollar has fallen lower against the U.S. dollar. The benchmark AUD/USD currency exchange rate fell to a yearly low of 0.7288 overnight and has recovered some losses to back above 0.73. Worse …
Read More »Spot Gold Struggles for Direction around $1,800
0.0 00 Looking at the widely traded spot gold futures contract, the yellow metal is struggling for direction around $1,800 per ounce. Gold is also moving lower from $1,810 per ounce. This key spot gold …
Read More »Euro Currency Remains Pressured below 1.18
0.0 00 The euro currency remains depressed against the almighty U.S. dollar headed into Tuesday. The benchmark EUR/USD currency exchange rate is trading below 1.18 and at its lowest price point since April. The euro currency …
Read More »British Pound Trades in a Broad Range
0.0 00 The British pound remains within a broad range against the U.S. dollar. However, the GBP/USD currency exchange rate remains pressured to the downside as Forex traders worry about rising price pressures and the spread …
Read More »Spot Gold continues to inch Higher Headed into Friday
0.0 00 The world’s largest economy, the United States, will be publishing key economic data on Friday. Spot gold traders will pay attention to monthly U.S. core and headline retail sales data. The University of Michigan …
Read More »British Pound Remains below the 100 Day SMA
0.0 00 The British pound is trading between 1.3865 and 1.3850 against the U.S. dollar during the Asian trade session on Thursday. On Wednesday, the headline GBP/USD currency exchange rate broke a two day losing streak …
Read More »Spot Silver Trades between the 100 and 200 DMAs
0.0 00 The “other” precious metal, the spot silver futures contract is trading between the one hundred (100) and two hundred (200) day simple moving averages as seen on the above daily MT 4 price action …
Read More »Euro Currency Remains Pressured against the Dollar
0.0 00 The euro currency remains pressured lower against the almighty U.S. dollar. The benchmark EUR/USD currency exchange rate is holding just below the April monthly low price point at 1.1780 during Wednesday’s Asian trade session. …
Read More »Spot Gold Defends $1,800 per Ounce once Again
0.0 00 The popular spot gold futures contract as defended the downside barrier lining up at $1,800 per ounce once again. Right now, headed into Wednesday, the yellow metal is range trading between $1,818 and $1,790. …
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